Question
You buy a WTI futures contract on the WTI with a maturity of 12 months and at a price of $95.25 per barrel. How much
You buy a WTI futures contract on the WTI with a maturity of 12 months and at a price of $95.25 per barrel.
How much did you pay for the contract?
Enter your answer without a dollar sign or comma, and rounded to the nearest whole dollar (ie. XXXXX).
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Principles of Economics
Authors: N. Gregory Mankiw
8th edition
1305585127, 978-1305971493, 978-1337516860, 1337516864, 978-0357539200, 978-1305585126
